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Author Question: An accommodation party on a negotiable instrument A)typically receives a direct benefit from the ... (Read 75 times)

skymedlock

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on: Jun 24, 2018
An accommodation party on a negotiable instrument
 A)typically receives a direct benefit from the instrument.
 B)is always primarily liable for the instrument
 C)is the same as a guarantor under the UCC.
 D)has the same liability to a holder as the person for whom he signed.

Question 2

A sale made CIF foreign port implies that the terms of the sale are:
 A) credit in foreign currency.
 B) cash against documents.
 C) credit against documents.
 D) settlement pending approval of goods.


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nital

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


skymedlock

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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